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Forex Update: US dollar gains against Nepali rupee

Nepal Rastra Bank has published the foreign exchange rates for 22 currencies for Thursday.
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KATHMANDU, Aug 21: Nepal Rastra Bank (NRB) has published the foreign exchange rates for 22 currencies for Thursday. The US dollar has strengthened, with the buying rate set at Rs. 139.01 and the selling rate at Rs. 139.61. On Wednesday, the dollar was traded slightly lower at Rs. 138.83 (buying) and Rs. 139.43 (selling).



The euro is being traded at Rs. 161.88 (buying) and Rs. 162.58 (selling), while the pound sterling stands at Rs. 187.48 and Rs. 188.29, respectively. The Swiss franc has been set at Rs. 172.11 (buying) and Rs. 172.85 (selling).


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Other major currencies include the Australian dollar at Rs. 89.45 (buying) and Rs. 89.83 (selling), the Canadian dollar at Rs. 100.18 and Rs. 100.62, while the Singapore dollar is fixed at Rs. 108.13 and Rs. 108.60.


The Japanese yen is valued at Rs. 9.42 (buying) and Rs. 9.46 (selling) per 10 units, and the Chinese yuan at Rs. 19.37 and Rs. 19.45. The Saudi riyal is priced at Rs. 37.04 and Rs. 37.20, while the Qatari riyal stands at Rs. 38.14 and Rs. 38.30.


Gulf currencies remain strong, with the Kuwaiti dinar topping the chart at Rs. 454.82 (buying) and Rs. 456.78 (selling), followed by the Bahraini dinar at Rs. 368.72 and Rs. 370.31, and the Omani r iyal at Rs. 361.05 and Rs. 362.61.


For the Indian currency, NRB has set the rate of INR 100 at Rs. 160.00 for buying and Rs. 160.15 for selling.


The central bank stated that the rates may be revised if necessary, and commercial banks may quote slightly different rates. Updated rates are available on NRB’s official website.

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